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ONE of the uses of history is to free us of a falsely imagined past. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews
Most Helpful Customer Reviews
11 of 14 people found the following review helpful
Format:Paperback
This is a classic for anyone involved in antitrust (or competition) law, be it economists, lawyers, policymakers or businessmen. Bork heavily criticises the interventionistic and non-economic approach to antitrust taken in the USA in the 1960s and 1970s. He shows that this led to the protection of inefficient competitors, the punishment of successful firms, and, ultimately, the detriment of the interest of consumers, which the antitrust laws are designed to protect in the first place(hence the 'paradox'). Bork's book was among the most influencial works of the 'Chicago school' that led to the transformation of antitrust in the USA after the mid-1970s. Despite developments in economic theory that have taken place after Bork (sometimes called the 'post-Chicago school'), the Antitrust Paradox contains some basic lessons on antitrust that are still relevant today, especially for competition policy in Europe, which is still largely legalistic and interventionistic.
1 of 2 people found the following review helpful
Format:Paperback
Despite being written in the 1970's, the original and high brow criticism of antitrust policy contained in this book dominates the intellectual and academic debate to this day, on a truly global scale. Well written, and easily accesable by people who have no background in either law or economics, this book is an absolute necessity for anybody seeking to understand the issues behind, and flaws in modern antitrust/competition policy. Having read this book, and gained insight into Bork's massive intellect, it beggars belief 23 years later, that senator Kennedy thought it proper to block this mans ascendence to the supreme court.
Most Helpful Customer Reviews on Amazon.com (beta)
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3.8 out of 5 stars
5 reviews
22 of 27 people found the following review helpful
5.0 out of 5 stars
Antitrust or Maximization of Consumer Welfare
10 Oct 2001
By Serge J. Van Steenkiste
- Published on Amazon.com
Format:Paperback
In the Antitrust Paradox, Judge Robert H. Bork gives a fascinating, though demanding, review of the most important antitrust issues in the United States. The central, pragmatic thesis of Bork is maximization of consumer welfare (also called economic efficiency) and not the protection of small businesses in addressing any antitrust issue. Unfortunately, the legislative, executive and judiciary branches of power as well as the practicing bar have not always shown consistency in making, interpreting, and applying antitrust rules. The main reason for their shared sub-optimal performance in that area is the too-often absence of a rudimentary understanding of market economics according to Bork. As a practicing marketer and lawyer, I agree with his observation. Law and economics are two complementary disciplines that should be taught together as part of the academic requirements or at least whose teaching could be made optional at the undergraduate level in our universities.
28 of 36 people found the following review helpful
5.0 out of 5 stars
Essential Reading.
13 Jun 2000
By T. A. Prisco
- Published on Amazon.com
Format:Paperback
The Antitrust Paradox is the most important book on antitrust ever written. It is a scholarly, yet accessible, examination of the nation's antitrust laws, the history and policies behind them, and their application from their inception to today. Through the book and the policies advanced in it, Judge Bork has had a profound impact on antitrust scholarship and practice. As a result, the book is essential reading for antitrust practitioners, scholars, and those having any interest in the subject. Truly a seminal work.
5.0 out of 5 stars
Excellent
9 Feb 2013
By schmolka
- Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
Good price and excellent product. Matched advertisement. Why do I need any more words? Why is this not all OK?
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3.8 out of 5 stars
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